LuAZ Ends 2006 with USD 21.93 mln Profit
20 February 2008
The Lutsk Automobile Plant (LUAZ), part of the Bogdan Corporation finished 2006 with a net profit of USD 21.93 mln (up 15% yoy). According to Ukrainian News, gross revenue before tax also increased, moving up by 92.4% yoy in 2006 to USD 485.37 mln. The company upped production of automobiles by 31.3% yoy to 40,29 ths units in 2006.
